Winter Is Here
Crypto winter, market crash, FUD, yeah yeah, you all know what is going on. So let me share a few thoughts I’ve had about that in the past days.
I’ve been doing a lot of thinking and observing throughout the year how my own mind copes with the hurdles of cryptocurrency market. With every crash, every downturn, every hurdle, the tougher and more resourceful I seem to get. It’s interesting how the human psyche works and how adaptable we are. Being in crypto, and depending on it, is an insane rollercoaster, fast and steep, and just when you think it all levels out, you are in for a new hurdle, either up or down.
It’s funny how after the all time highs, Bitcoin at 10 000$ felt low, but then you got used to it, soon after that, it was 7500$, sucks, but you get used to it, then again, lower it goes to 6500$. It was hovering around 6500 for a long time, and it started to feel pretty secure on that level and I was fine with it. I got used to it, I relaxed. And BOOM, down it goes in 24 hours.
What is happening now is the craziest drop I have witnesses, and even though it is scary, I know I can handle it. The longer I am in this, the easier it gets to detach the emotions out of the decisions involving what, when and how much I sell or buy. I’m pretty proud of myself as to this day, I haven’t yet sold out of fear. Every decision to sell has been conscious and necessary.
Anything can happen in a course of 24 hours, it’s so fast paced. Everything can crash, but in theory, the odds for everything to go up are just the same. Worst case scenario is that I need to get a real job soon-ish, which is my last resort and I will avoid it like the plague. Just like I was doing during all time highs, during all the drops throughout the year, I will keep doing what I do, at the same pace. I’ll take pictures, post pictures, write what I feel like and keep making these awesome new friendships though Steemit.
I’m staying positive because there are some super exciting and fun things ahead in the near future, and mostly unaffected by what ever crazy shit happens with the markets. You’ll find out soon enough.
Stop relaxing, that seems to be it :P
Just kidding. I agree, I'm quite excited too, despite the shitty market. I'm starting to worry that I'm sounding like some crazy sect member, but there are a lot of exciting things happening. The simple fact that we're here is mindblowing in itself.
This is a cult in its own right, and people outside it will not understand, until they get into it too!
Yes, the market is cruel ... the price drop was a surprise.
I admire your dedication and constancy to write in Steemit. With what's happening it does not have to be easy.
I respect you.
Yeah I was pretty surprised too, I wasn't expecting a huge rally up, but a drastic drop was a quite the surprise.
This isn't easy but I still much prefer it instead of a normal job, so I will keep at it as long as I can.
You do well, normal jobs are boring! 😃
Hang in there Eve. There are more of us who put all our eggs in one (Steemit) basket ;) We will surive, I am sure :)
Yes, support group<3 I might follow your lead and haul my ass to somewhere warm, life must be better in there, even with undervalued and oversold crypto!
Haha that is a good point, the ever-shining tropical sun makes a difference indeed :) Moreover, here in Latin America (or Southeast Asia and some other parts of the world), you can live comfortably for a fraction of what you have to spend on your life in Finland.
Sure it is, but I am not ready to move abroad, but I do like to travel often. I just want the home base to be in Finland :)
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Glad you're enjoying the ride and keeping your hands strong! If this is your first real crypto-winter then congrats, you're halfway through being a true veteran hodler! There's a few more months of depression ahead of us, and it is pretty much a given that we're going to see even more of these crazy drops until we bottom out completely low. I hope you can stomach it, but if you do Bitcoin will reward you greatly during the next bull-run.
I've been through crypto winter before and the lessons I learned from that have benefitted me greatly during the current crypto bear market. Next bubble, and the bear market that will inevitably follow that one too, you will be prepared as well. The n00bs will then shout that bitcoin is going to a million, but you'll know by then that we're only going to the low hundred-thousands and that a million is yet another bubble further ahead into the future. Bitcoin is a 10 year plan.
I'm happy as can be with the current drop. For the first time in a long time I am actually buying and accumulating again. Can't wait for a $3000 BTC and I'm even secretly hoping for some spikes down from there which I may be able to pick up.